Aspects of this topic are discussed in the following places at Britannica.
The general average clause in ocean marine insurance obligates the insurers of various interests to share the cost of losses incurred voluntarily to save the voyage from complete destruction. Such sacrifices must be made voluntarily, must be necessary, and must be successful. For example, if a shipper’s cargo is voluntarily jettisoned in a storm in order to save the vessel from total loss, the...
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